Re: I want to trade in the forex market but don’t know how much I will be taxed. How much does a trader on average get taxed by the IRS?

I want to trade in the forex market but don’t know how much I will be taxed. How much does a trader on average get taxed by the IRS?

posted

This can be a highly rocky road and not an area for those feint of heart. You need to spend the upfront time researching this area and a simple google search will address your question.

https://finance.zacks.com/tax-advantages-forex-traders-10457.html

Additionally, you should be able to find this addressed on any major platform that facilitates these transactions.

*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.

Seeking help make a proper Section 475(f) Mark-to-Market election for Trader Tax Status (TTS) for an active stock trader, and help fill out Form 3115

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I want to trade in the forex market but don’t know how much I will be taxed. How much does a trader on average get taxed by the IRS?

I want to trade in the forex market but don’t know how much I will be taxed. How much does a trader on average get taxed by the IRS?

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I want to trade in the forex market but don’t know how much I will be taxed. How much does a trader on average get taxed by the IRS?

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I want to trade in the forex market but don’t know how much I will be taxed. How much does a trader on average get taxed by the IRS?

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